In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Last 12M 30/06/2026 | |
|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | |||||
| + Depreciation & Amortisation | 980.0 | 1,123.0 | 1,201.0 | — | |
| + Impairment Loss / (Reversal) | 972.0 | 7.0 | 1,837.0 | — | |
| + Finance Costs | 530.0 | 563.0 | 590.0 | — | |
| + Interest Income | -141.0 | -45.0 | -73.0 | — | |
| + Dividend Income | -49.0 | -68.0 | -99.0 | — | |
| + Unrealised FX (Gain) / Loss | 47.0 | -5.0 | -10.0 | — | |
| + Other Non-cash Items | 0.0 | 235.0 | 255.0 | — | |
| + Other — Cash Effects are Investing / Financing | -49.0 | -51.0 | -52.0 | — | |
| + Other Reconciling Items | 19.0 | 47.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -23.0 | -34.0 | -497.0 | — | |
| + Trade Receivables — Current | 811.0 | -92.0 | -209.0 | — | |
| + Trade Payables — Current | -456.0 | -48.0 | -113.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 762.0 | 367.0 | -1,626.0 | -1,817.0 | |
| + Total Adjustments (incl. Working Capital) | 2,641.0 | 1,632.0 | 2,830.0 | — | |
| Cash from Operations (pre-tax) | 3,403.0 | 1,999.0 | 1,204.0 | — | |
| + Income Taxes Paid | 387.0 | 238.0 | -65.0 | — | |
| Cash from Operating Activities | 3,016.0 | 1,761.0 | 1,269.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,834.0 | 2,005.0 | 1,205.0 | — | |
| + Disp of Fixed Assets | 11.0 | 53.0 | 65.0 | — | |
| + Purchase of Investments (Equity / Debt) | 3,830.0 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 4,533.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 226.0 | — | |
| + Loans & Advances Repaid | 325.0 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 185.0 | 210.0 | 227.0 | — | |
| + Interest Received — Investing | 64.0 | 46.0 | 30.0 | — | |
| + Other Inflows / (Outflows) — Investing | -64.0 | 15.0 | 300.0 | — | |
| Cash from Investing Activities | -610.0 | -1,681.0 | -809.0 | — | |
| Cash from Financing Activities | |||||
| + Payments — Change in Ownership of Subsidiaries | 209.0 | 0.0 | 0.0 | — | |
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 1,700.0 | 0.0 | — | |
| + Proceeds from Borrowings | 1,965.0 | 2,052.0 | 1,839.0 | — | |
| + Repayment of Borrowings | 3,114.0 | 2,686.0 | 1,489.0 | — | |
| + Payment of Lease Liabilities | 122.0 | 121.0 | 132.0 | — | |
| + Interest Paid | 446.0 | 417.0 | 487.0 | — | |
| + Dividends Paid | 447.0 | 382.0 | 280.0 | — | |
| + Other Inflows / (Outflows) — Financing | -121.0 | -117.0 | -121.0 | — | |
| Cash from Financing Activities | -2,494.0 | 29.0 | -670.0 | — | |
| Net Changes in Cash (pre-FX) | -88.0 | 109.0 | -210.0 | — | |
| + Effect of FX Rate Changes on Cash | 5.0 | 14.0 | 43.0 | — | |
| Net Changes in Cash | -83.0 | 123.0 | -167.0 | — | |
| Closing Cash | 425.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 2,847.0 | 1,953.0 | 1,805.0 | 1,711.0 | |
| EBITDA Margin % | 18.46 | 13.12 | 12.38 | 11.32 | |
| Free Cash Flow (CFO − Capex) | 1,182.0 | -244.0 | 64.0 | 64.0 | |
| Free Cash Flow to Equity | — | 848.0 | 506.0 | — | |
| Free Cash Flow per Basic Share | 46.35 | -9.57 | 2.51 | 2.51 | |
| Price to Free Cash Flow | — | — | — | 243.84 | |
| Cash Flow to Net Income | 6.93 | 4.55 | -0.74 | — | |
| Cash Paid for Taxes | 387.0 | 238.0 | -65.0 | — | |
| Cash Paid for Interest | 446.0 | 417.0 | 487.0 | — | |